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Portfolio Ideas for 2021
Consider these four ideas for managing your investment objectives in the year ahead .
Courtesy DOBBS WEALTH MANAGEMENT
1 . HOLD THE RIGHT AMOUNT OF CASH
“ The pandemic showed us the importance of an emergency savings account — I call it the sleep-better-at-night-fund ,” says Juston J . Dobbs , MBA , CDFA ®, CFP ®, Managing Director – Investments , at Dobbs Wealth Management Group of Wells Fargo Advisors in Sherman . You want enough cash to meet short-term liquidity needs without over-allocating to cash and missing out on market opportunities .
2 . SELECTIVELY INCREASE RISK
The uneasy political environment , as well as the pandemic , caused some people to reduce their equity allocation . Now may be the time to selectively get back in line with appropriate equity exposure . “ I believe in never taking more risk than you have to in order to achieve your goals , and often suggest easing back in versus jumping in ,” Juston continues . “ It ’ s important to review your plan periodically , considering whether to reduce your risk exposure , take some profits or diversify further .”
3 . CONSIDER EXPOSURE TO HIGHER-QUALITY , GROWTH-ORIENTED SECTORS
Consider cyclical sectors that may demonstrate more consistent performance as the U . S . economic recovery advances . “ Quality is key ,” says Juston . “ There are a variety of components to assess . We ’ ll discuss options based on your situation and goals .”
4 . BE PROACTIVE , NOT REACTIVE
“ One of the values I bring to clients is providing clear information for actions that align with investment goals ,” says Juston . “ By taking the emotions out of your investment decisions , I can help you consider actions that align with your plan and your life .” Life is busy , but your financial wellbeing should be a top priority . Contact Juston at 903-893-6682 to get started .
The use of the CDFA ® designation does not permit Wells Fargo Advisors or its Financial Advisors to provide legal advice , nor is it meant to imply that the firm or its associates are acting as experts in this field . Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services , LLC , Member SIPC , a registered broker-dealer and non-bank affiliate of Wells Fargo & Company . CAR 0121-02514 .
Investment and Insurance Products : NOT FDIC Insured / NO Bank Guarantee / MAY Lose Value
Your Portfolio in 2021
Forging a Path Forward
“ Having a plan in place customized to meet your investment objectives can help you gain confidence during tumultuous times . We ’ ll help you take the emotions out of investing . You don ’ t have to do this alone . I look forward to your call .”
– Juston J . Dobbs
Named 2021 Forbes Best in State Wealth Advisors
The Forbes Best-in-State Wealth Advisors ranking algorithm is based on industry experience , interviews , compliance records , assets under management , revenue and other criteria by SHOOK Research , LLC , which does not receive compensation from the advisors or their firms in exchange for placement on a ranking . Investment performance is not a criterion .
Juston J . Dobbs , MBA , CDFA ®, CFP ® Managing Director - Investments Financial Advisor
Juston J . Dobbs , MBA , CDFA ®, CFP ® Senior Vice President - Investments
2027 Texoma Parkway • Sherman , TX 75090 • 903-893-6682 • www . justondobbs . com
The use of the CDFA ® designation does not permit Wells Fargo Advisors or its Financial Advisors to provide legal advice , nor is it meant to imply that the firm or its associates are acting as experts in this field .
Investment and Insurance Products : NOT FDIC Insured / NO Bank Guarantee / MAY Lose Value
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services , LLC , Member SIPC , a registered broker-dealer and non-bank affiliate of Wells Fargo & Company . CAR # 0121-02134
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